X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The U.S. Congress has routinely reauthorized funding for surface transportation to repair and improve critical roads and bridges throughout the country and is scheduled to do so again within the next few months. Now, with a renewed charge to protect our most vulnerable communities so embattled by systemic racism, and a prolonged health crisis resulting in a fragile economy, lawmakers are looking for innovative ways that at-first-glance-unrelated business (including road-paving) might also be an opportunity to positively impact the nation’s most pressing current needs. This proposed approach properly recognizes that legislation on physical infrastructure impacts our social infrastructure and should be tailored to improve both.

With the Fixing America’s Surface Transportation Act (the FAST Act) and its associated federal funding commitments for current transportation construction programs set to expire in September, a bill titled “Investing in a New Vision for the Environment and Surface Transportation in America” (the INVEST in America Act) has been introduced to the U.S. House of Representatives. The law proposes not only to repair and replace failing infrastructure—like less-comprehensive prior surface transportation reauthorizations—but also to promote smarter, safer, and more resilient infrastructure investments, creating jobs, and boosting the economy. Most significantly, various programs offered in the proposed legislation provide thoughtful ways to connect communities and neighborhoods.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt. Healthcare Real Estate 2021Event

Join the industry's top owners, investors, developers, brokers and financiers for the real estate healthcare event of the year!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.